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Letting it ride is gambling jargon that refers to when a player leaves their money on the table and keeps betting it on the same thing. Your bet doesn’t move from hand to hand; it becomes a revolving door.

We hear something like this often at the craps table. Sometimes letting the winnings ride works, and we never forget those 45-minute rolls. These kind of memories are what make trips to the casino fun. Unfortunately, heaters and hot streaks only come along so often, and any attempts to score big are wiped away. The casino almost always has an advantage on the player. This advantage is often referred to as the house edge, and the casino always wins over time.

After the opening of a number of new Bitcoin-only casinos over the past 18 months, there has been some buzz about this virtual currency making huge waves in online gambling. Some commentators are quite enthusiastic and argue that Bitcoin online casinos will revolutionize the industry by escaping jurisdictional constraints, attracting hordes of players from countries and jurisdictions where online gambling steps in a gray area regarding regulation. Multiple Bitcoin-only casinos such as bitzino.com, casinobitco.in, satoshibet.com and bc-casino.com are starting to emerge.

Gambling is a cultural practice defined by chance or what the ancient Greeks called alea. As such, gamblers have little or no control over the outcome. It is important to keep this undeniable fact in mind when spending a few bucks in a bricks-and-mortar or online casino. Unpredictability is just one element that makes gambling fun, right? But it’s not so much fun when the odds are not in your favor and winning becomes an obsession (a recreational gambler with the right gambling mentality remembers not to chase his losses).

While some forms of gambling, like poker (either online or in a traditional venue), require some level of skill in bluffing and reading other players, most forms of gambling are purely defined by chance. This means that whatever control you think you have over the outcome is merely an illusion. Games of pure chance include roulette, slot machines and bingo.

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